BERLIN, May 27 (Reuters) – German Chancellor Olaf Scholz and France’s President Emmanuel Macron warned in a joint opinion piece for the Financial Times that the European Union had to make dramatic efforts to improve its competitiveness or risk seeing its way of living undermined.
Among the reforms needed were further efforts to decarbonize the economy, while leaving the precise means of doing so up to member states, they wrote, in what seemed to be a boost for the French nuclear power industry.
The leaders also urged European Union member states to complete the single financial market by introducing common insolvency, tax and investment frameworks.
Source: REUTER
